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Author Topic: Re: [ANN] ★LiteBar★ [LTB] - Rare Coin - Growing Fast - Now on CRYPTSY!  (Read 96243 times)
Scooby903 (OP)
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February 12, 2014, 04:09:46 AM
 #21

Heard back from the devs...they are open to implementing KGW into this coin to address the possible difficulty issues ahead of time  Grin

I'm sure it will get worked out before it becomes an issue
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February 12, 2014, 04:19:45 AM
 #22

There are two pools listed with a total mhash of 220.  Net hash of 440 mhash... are there really that many still solo mining? or is there more pools I haven't found
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February 12, 2014, 04:21:41 AM
 #23

There are two pools listed with a total mhash of 220.  Net hash of 440 mhash... are there really that many still solo mining? or is there more pools I haven't found

I'm not sure...those are the only two that I am aware of
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February 12, 2014, 04:38:52 AM
 #24

Subreddit has been created:

http://www.reddit.com/r/litebar/
Scooby903 (OP)
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February 12, 2014, 05:31:48 AM
 #25

Remember:

    Starting blocks (7200 blocks over 15 days) = 5 units per block.
    Block 7200 - 438000 = 2 units per block (halves once)
    Block 438000 - 876000 = 1 unit per block


We still have roughly half the starting blocks remaining, so there's still time to jump in and get a good share  Grin
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February 12, 2014, 06:51:19 AM
 #26

NO PREMINE Grin
7 days premine.
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February 12, 2014, 06:58:17 AM
 #27

NO PREMINE Grin
7 days premine.


No, the blocks are being found many times faster than they should be. I'm 99% certain those blocks have been mined since launch.

Edit: Yeah after checking, those "3 min blocks" are currently dropping at 1 min 11 sec...and they are slower now than they have been.
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February 12, 2014, 07:17:06 AM
 #28

New pool just opened!  Grin

http://ltb.westlist.com

Seems to be very stable and gotta love 0% fees
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it's a hardware thing!


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February 12, 2014, 07:23:38 AM
 #29

Going to mine this for a bit and see.

Thanks for posting it here
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February 12, 2014, 07:33:26 AM
 #30

well i don't think we have 15 days @ 5
with how fast the blocks are moving id say 10 days to mine the easy coins,
after that ... than its not so easy @ higher diff and @ 2!
on a good note that means the price "should" increase 60% when reward goes from 5 to 2







            
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Scooby903 (OP)
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February 12, 2014, 08:09:00 AM
 #31

Agree...if the difficulty retargeted more often, we'd probably already have a hard time mining by now and the coins wouldn't come as easy
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February 12, 2014, 08:26:58 AM
 #32


Pity the Pool!  LiteBar (LTB) Pool

- Solid servers, UPS/generator backups
- Redundant internet
- 1.0% fee

http://ltb.pitythepool.com

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February 12, 2014, 08:27:34 AM
 #33

The quickmathinator says ~60 hours until 7200. Assuming the current ~70 sec block times, but obviously that is going to vary a bit.

Scooby903 (OP)
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February 12, 2014, 08:37:18 AM
 #34


Appreciate the add  Grin
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February 12, 2014, 09:56:32 AM
 #35

Are we going have a giveaway anytime soon?
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Skol!


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February 12, 2014, 11:00:39 AM
 #36

Good launch, good coin.
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February 12, 2014, 11:10:55 AM
 #37

Hi guys

Seems like a very nice coin and a very good place for my first post Smiley

Please share the love LKfzmG4fPRdn6AzKCNcLXTefShz6aR315J

Thank you kindly Smiley
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February 12, 2014, 12:27:19 PM
 #38

dif from 4 to 11... next 30 Shocked
Scooby903 (OP)
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February 12, 2014, 06:02:36 PM
 #39

Wow, that difficulty!  Shocked

Good thing I've talked with the devs about implementing KGW   Wink

I don't think it will be an issue as the devs have been in steady contact with me and seem to be ahead of the game

 
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February 12, 2014, 06:10:20 PM
 #40

Wow, that difficulty!  Shocked

Good thing I've talked with the devs about implementing KGW   Wink

I don't think it will be an issue as the devs have been in steady contact with me and seem to be ahead of the game

Maybe ask them next what their plans are for promotion. More people should know about this before the block reward drops.

 
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